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Solar Alliance Energy (TSE:SOLR)
:SOLR
Canadian Market
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Solar Alliance Energy (SOLR) AI Stock Analysis

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TSE:SOLR

Solar Alliance Energy

(SOLR)

Rating:46Neutral
Price Target:
C$0.00
▼(-100.00%Downside)
The overall stock score for Solar Alliance Energy is primarily influenced by its challenging financial performance and valuation metrics, suggesting significant risks. While corporate events indicate some positive strategic shifts, technical analysis shows lack of momentum. Investors should be cautious due to the financial instability and past regulatory issues.

Solar Alliance Energy (SOLR) vs. iShares MSCI Canada ETF (EWC)

Solar Alliance Energy Business Overview & Revenue Model

Company DescriptionSolar Alliance Energy Inc., together with its subsidiaries, provides energy solutions. The company primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations in Tennessee, Kentucky, Illinois, and North/South Carolina. It also offers electric vehicle charger installation services; and backup generator, home inspection, commercial generator, renewable radar, utility scale power, commercial electric vehicle charging, and data centers solutions. The company was formerly known as Finavera Solar Energy, Inc. and changed its name to Solar Alliance Energy Inc. in January 2016. Solar Alliance Energy Inc. was founded in 2003 and is based in Toronto, Canada.
How the Company Makes MoneySolar Alliance Energy makes money through a diversified revenue model centered around the sale and installation of solar energy systems. Key revenue streams include residential solar panel installations, where the company provides end-to-end solutions from consultation to installation and maintenance. Additionally, commercial and industrial solar projects contribute significantly to its earnings, as these projects often involve larger-scale solar energy systems and longer-term service agreements. The company also generates revenue from partnerships with utility companies and government programs that incentivize renewable energy adoption. By leveraging these partnerships, Solar Alliance Energy can offer competitive pricing and financing options to its clients, enhancing its market position and driving sales growth.

Solar Alliance Energy Financial Statement Overview

Summary
Solar Alliance Energy is facing financial challenges across all verticals. Despite some improvements in gross profit, the company continues to struggle with profitability and cash flow generation. High liabilities and negative equity raise concerns about financial sustainability and potential risks in meeting long-term obligations.
Income Statement
40
Negative
Solar Alliance Energy shows a volatile revenue trajectory with a decline from 2023 to 2024 after a growth period. The gross profit margin improved to 28.87% in 2024, but negative EBIT and net profit margins indicate consistent losses. The company faces challenges in achieving profitability, which impacts its overall income statement performance.
Balance Sheet
35
Negative
The company's balance sheet reveals significant financial instability, characterized by negative stockholders' equity and high liabilities relative to assets. The debt-to-equity ratio is negative due to negative equity, signaling potential solvency issues. Return on equity is also negative, reflecting ongoing losses.
Cash Flow
30
Negative
Cash flow analysis indicates a troubling cash management situation with negative operating and free cash flows in 2024. The free cash flow to net income and operating cash flow to net income ratios are not favorable, suggesting inefficiencies in converting revenue into cash. The negative cash flow growth further highlights liquidity concerns.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue5.45M7.47M4.83M3.67M3.50M
Gross Profit1.57M1.07M454.29K663.58K914.10K
EBITDA-620.11K-1.77M-2.66M-372.57K-1.16M
Net Income-684.13K-1.81M-2.75M-448.86K-1.37M
Balance Sheet
Total Assets995.54K1.80M3.70M3.06M581.28K
Cash, Cash Equivalents and Short-Term Investments9.70K702.99K650.06K2.17M1.88K
Total Debt227.62K137.50K1.56M0.00911.81K
Total Liabilities3.78M4.11M5.14M2.15M6.33M
Stockholders Equity-2.79M-2.30M-1.44M904.30K-5.75M
Cash Flow
Free Cash Flow-1.85M-384.77K-2.17M-3.81M-379.82K
Operating Cash Flow-1.83M-374.01K-1.48M-3.64M-379.82K
Investing Cash Flow-20.49K83.10K-688.73K-178.07K0.00
Financing Cash Flow845.00K-127.50K653.75K5.98M336.07K

Solar Alliance Energy Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
44.71
Neutral
STOCH
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SOLR, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.71 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SOLR.

Solar Alliance Energy Peers Comparison

Overall Rating
UnderperformOutperform
Sector (52)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
52
Neutral
C$2.96B-1.55-3.48%6.54%3.13%-49.39%
51
Neutral
C$4.01M-46.19%-30.18%-34.62%
47
Neutral
C$6.29M59.36%-49.56%-35.00%
46
Neutral
C$4.41M58.70%-43.44%-1075.00%
C$1.80M-54.87%
41
Neutral
C$4.96M-1239.25%-7.76%-2.15%
C$4.68M-825.66%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:SOLR
Solar Alliance Energy
0.02
-0.02
-50.00%
TSE:ACU
Aurora Solar Technologies
0.02
-0.02
-50.00%
TSE:TTG
Trans Canada Gold
0.04
-0.02
-33.33%
TSE:BES
Braille Energy Systems Inc
0.06
-0.02
-25.00%
TSE:CBLU
Clear Blue Technologies International
0.08
-0.31
-79.49%
TSE:SUN
Stardust Solar Energy Inc.
0.11
-0.27
-71.05%

Solar Alliance Energy Corporate Events

Business Operations and StrategyFinancial Disclosures
Solar Alliance Energy Reports Q1 Earnings Amid Weather Challenges
Neutral
Jun 2, 2025

Solar Alliance Energy Inc. reported its Q1 2025 earnings, highlighting a decline in revenue due to severe weather delays in a major project in Kentucky. Despite this setback, the company remains optimistic about future growth, focusing on larger commercial and community solar projects in the Southeast U.S. The company is also exploring corporate growth opportunities through partnerships and joint ventures, aiming for full-year profitability in 2025.

Delistings and Listing ChangesExecutive/Board Changes
Solar Alliance Energy Appoints New CFO Amid Trading Resumption Efforts
Neutral
May 28, 2025

Solar Alliance Energy Inc. has appointed Mr. Jawad Chugtai as the new Chief Financial Officer, following the resignation of Ms. Christina Wu. Mr. Chugtai, who has over a decade of experience in finance and risk management, previously supported the company during its financial statement audit for 2024. This appointment comes as the company works to resume trading of its common shares on the TSX Venture Exchange after a temporary cease trade order was lifted.

Delistings and Listing ChangesRegulatory Filings and Compliance
Solar Alliance Energy Resumes Trading After Cease Trade Order Revocation
Positive
May 23, 2025

Solar Alliance Energy Inc. has announced the revocation of a cease trade order by the British Columbia Securities Commission following the filing of its audited annual financial statements for 2024. The company is now working with the TSX Venture Exchange to resume trading of its common shares, marking a significant step in stabilizing its operations and enhancing its market presence.

Business Operations and StrategyFinancial Disclosures
Solar Alliance Energy Nears Profitability with Strategic Focus on Larger Projects
Positive
May 21, 2025

Solar Alliance Energy Inc. has filed its audited financial results for 2024, showing a decrease in revenue but an improvement in gross profits and a significant reduction in losses as the company approaches breakeven. The company is focusing on larger commercial solar projects to support future growth, leveraging its expertise and streamlined operations to capitalize on the increasing demand for renewable energy. Recent policy developments and community solar interest are creating more opportunities in their target market, while the company continues to benefit from repeat customers and new opportunities.

Delistings and Listing ChangesFinancial DisclosuresRegulatory Filings and Compliance
Solar Alliance Faces Filing Delay, Potential Trading Halt
Negative
May 7, 2025

Solar Alliance Energy Inc. announced a delay in filing its audited annual financial statements and related documents for the year ended December 31, 2024, missing the April 30, 2025 deadline. This delay may result in the company’s shares being halted on the TSX Venture Exchange and a cease trade order issued by Canadian Securities Administrators. The company is working with its auditor to complete the filings by May 15, 2025, and assures that no other material information is undisclosed.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 08, 2025